4-month instantaneous forward rate on government bonds (percentage points; nominal; interpolated; AAA rating) - Euro area - ECB - Daily
This series is part of the dataset: Euro-area government bond yield curves (ECB)
Download Full Dataset (.xlsx)Latest updates. According to European Central Bank's statistics calculated on AAA-rated bonds, the instantaneous forward rate on euro-area government bonds at the 4-month maturity stood at 1.94 percent on 30 September 2025, unchanged with respect to the previous day.
Sample. This daily series has 5,386 records in total. The series covers the time period extending from September 2004 to September 2025.
History. Here’s a quick look at some statistics we computed on the entire sample: the forward rate had a mean value of 0.93 percent; it reached its lowest level of -0.91 on 10 March 2017; it recorded its highest level of 4.46 on 9 June 2008.
Latest values
| Date | Value - Percentage points |
|---|---|
| 2025-09-26 | 1.938 |
| 2025-09-29 | 1.9361 |
| 2025-09-30 | 1.9352 |
Tip. To facilitate exploration, we organize indicators into data sets and worksheets. By scrolling down, you will find how we structured further material related to the statistics published here.
Not for investment purposes. Any financial data made available on FetchSeries are not intended for investment purposes or as a basis for financial-decision making. Users should consult expert advice and perform their own independent due diligence before pledging money to any investment.
Series Metadata
| Field | Value |
|---|---|
| Description | 4-month rate ECB instantaneous forward yield curve (AAA bonds) |
| Country | Euro area |
| Economic concept | Interest rate |
| Data type | Constant-maturity nominal instantaneous forward rate on government bonds |
| Deflation method | Not applicable |
| Seasonally adjusted | No |
| Rescaling | None |
| Frequency | Daily |
| Unit | Percentage points |
| Source | European Central Bank |
| Source type | Central bank |
| Data licence | Free use subject to conditions |
| Measure type | Interpolated level |